RE: Lord flight12 Jun 2020 12:24
TATA Contract worth £5.5m > But what profit will MPL make out of this.
The infrastructure works on site for the Daewoo Tata JV contract, signed in September, are continuing and are on track to enable revenue under this contract to commence in April, as planned. At the same time, there were further cargo movements at the site in 2019 as potential customers trialled the logistical and environmental benefits of shipping through Karanja. These individual movements have been small but
The Contract is expected to translate into revenue in excess of GBP 5.5 million over a 40-month period starting April 2020. There are provisions in the contract for an extension of an additional 18 months.
Very little i would imagine.